November 20, 2008

Forex day trading system – To give the dealer his ¼-point fee, of course, the price will have to go to 103¾ on a round-lot transaction after the order reaches the floor.

But if it does, he will sell you 30 shares at your specified price of 104. In the same circumstances, a limit order to sell American Tobacco at 104 would be executed at the round-lot price of 104¼. What happens when a stock rises or falls more than the …› or ¼ -point the dealer is entitled to? National Cash Register is at 67½, and you wish to buy at 66. The dealer will meet your order when the round-lot price hits 65¾. The stock backs down to 65, goes to 66½, 66V4, and then in a thin market it plummets to 64½.

Forex day trading system – To give the dealer his ¼-point fee, of course, the price will have to go to 103¾ on a round-lot transaction after the order reaches the floor.

Spread the Word!

Get Your FREE Trading Course (Value $197)!…

Browse